48 Unit 3164 Cushman Circle
48-Unit
3164 Cushman Circle, Atlanta, GA 30311
Acquisition
Original Purchase Price: $3.9M
Purchase Price: (PPD)$60,000
Average Rents: $750/Unit
Occupancy Rate: 60%
NOI-Acquisition: $288,000
Purchase Price: (PPD)$60,000
Average Rents: $750/Unit
Occupancy Rate: 60%
NOI-Acquisition: $288,000
Stabilization
Stabilization Value: $12M
Stabilized Value (PPD): $200,000/Unit
Average Rents: $1,395/Unit
Occupancy Rate: 100%
NOI- Stabilized: $756,000
Stabilized Value (PPD): $200,000/Unit
Average Rents: $1,395/Unit
Occupancy Rate: 100%
NOI- Stabilized: $756,000